16,000 Shares in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Acquired by Morse Asset Management Inc

Morse Asset Management Inc acquired a new stake in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 16,000 shares of the investment management company’s stock, valued at approximately $65,000.

A number of other institutional investors have also recently bought and sold shares of GGN. Cetera Investment Advisers acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the first quarter valued at approximately $1,715,000. Advisors Asset Management Inc. increased its stake in GAMCO Global Gold, Natural Resources & Income Trust by 19.9% in the 1st quarter. Advisors Asset Management Inc. now owns 387,501 shares of the investment management company’s stock valued at $1,496,000 after buying an additional 64,189 shares during the last quarter. Atomi Financial Group Inc. lifted its position in GAMCO Global Gold, Natural Resources & Income Trust by 11.8% during the 1st quarter. Atomi Financial Group Inc. now owns 81,490 shares of the investment management company’s stock worth $315,000 after buying an additional 8,626 shares in the last quarter. Concourse Financial Group Securities Inc. boosted its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 117.8% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 38,830 shares of the investment management company’s stock worth $157,000 after buying an additional 21,000 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 7.0% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 122,133 shares of the investment management company’s stock valued at $495,000 after acquiring an additional 8,003 shares during the last quarter.

GAMCO Global Gold, Natural Resources & Income Trust Stock Up 0.7 %

Shares of GGN opened at $4.31 on Tuesday. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $3.51 and a 1-year high of $4.34.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 24th. Investors of record on Thursday, October 17th will be paid a $0.03 dividend. The ex-dividend date is Thursday, October 17th. This represents a $0.36 annualized dividend and a dividend yield of 8.35%.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

GAMCO Global Gold, Natural Resources & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities.